Pixelverse, a cyberpunk-themed gaming ecosystem available on Telegram and web browsers, has raised an extra $2 million from leading Web3 VCs to complete its private round. This means a total investment of $7.5 million.
However, increasing such investments could lead to increased global regulatory pressure on cryptocurrencies and blockchain technology. Governments around the world are increasingly turning to regulation to prevent potential misuse of such technologies.
In particular, tightening regulations on cryptocurrencies and blockchain technology could negatively impact investments and innovations in this field. This may hinder future growth and development of projects like Pixelverse.
As a result, increasing such investments could lead to increased regulatory pressure on cryptocurrencies and blockchain technology. This may negatively impact the overall growth and development of the sector.